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and involvement in the cyber war. technology drives everything we do. the internet has made is more connected than at any other time. the vast majority of our infrastructure reside in private sector. let me repeat that. the vast majority of our infrastructure reside in the private sector. the national security risks and the economic risks are still with the private sector. the government does not do it alone. they do it in concert with our partners and our partners are the private sector. for those of you were talking to earlier, with the work for the government or the private sector, you can contribute no matter where you are in whatever your professional desire is. this private-sector holds a lot of data and these are pretty profound -- their protection of the priorities is he has a list of priorities. this is the top five. the cyber threat is among the most serious challenges we face as a nation, and america's prosperity will depend on cyber security. the united states does have a huge challenge. we have a much larger body of sensitive and potentially damaging information to protect in most cou
your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. stuart: the news background to today, number one story, not necessarily in terms of importance but china on this the very day when the new number one takes over there. his name is xipang. impressive numbers china expanding again. item two, greece. they want more money, yep, they want more and they want more time to pay back the already enormous debt. riots continue. seconds from the opening bell. right now esee features will be down green. this market is opening lower again. we're down 434 points the past few days. it is the obama selloff. and it will continue when the market opens. it is open and the opening trend is down again. we're expecting it down 50, to 70 points in the first couple minutes of business. analysts are concerned at production of apple. some of these concerns have eased. t
technology company. certainly when you think about silicon valley and companies that have hit hard times. very view come through it and re-emerge. apple is one that we can all remember having done that. ibm. although not a silicon valley company but technology company. most recently perhaps ebay in a significant decline but i spoke to john at length on friday and it appears they have brought around their marketplace business in addition to continue strong growth at the paypal unit. it's difficult to do. when you come back to yahoo! you have to wonder how do they do it? >> is there an act two? cisco tonight almost every analyst on the street said they're going to miss. >> universal in both miss and then the guidance is going to be negative. david, when you spoke with stevenson, didn't you get the sense that the companies are done spending on anything other than amd on towers? >> they got to spend. you know, stevenson was very outspoken in saying fiscal cliff. we're not spending but we are. we're deciding to spend $14 billion over the next three years. they absolutely have to in order to c
's the smaller powerful sheet. the only one with trap + lock technology. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. use less. with the small but powerful picker upper, bounty select-a-size. the rid-x septic subscriber program helps prevent backups by sending you monthly doses right to your door so you will never forget to maintain your system. sign up at rid-x.com. >>> market has taken a serious beating today. but don't let that discourage you from trying to find winners. they're still out there. even in an awful session like this one. take clean harbor, clh, the hazardous waste disposal natural disaster cleanup play we spoke to on monday of last week after the company announced it would buy safety clean, another hazardous waste outfit, for almost $1.25 billion. that was almost ten points ago. the same time i told you with hurricane sandy approaching, clean harbors was exactly the kind of company to look at. fast forward to this morning, clean harbor a very solid quarter. good enough to send the stock up $1.90 on a hideous
. we'll talk technology later on but that's not the only subject. what's coming up? >> reporter: a very cool napa valley. we are very close to silicon valley, so here at napa valley ceo technology summit we'll be joined throughout the day by a number of luminaries from the technology industry. i'll be talking to john donahoe, ceo of ebay. back to you. >> french laundry, that's the key tonight. french laundry. he's smiling like he's already been. meantime, a road map starts at cross section of wall street and washington. third weeks of losses as congressional office highlights difficulties if no fiscal cliff worked out. >> jcpenney shares on sale as it posts a much bigger loss and revenue miss. concerns mounting now about whether ceo ron johnson can right this ship. >> disney shares under pressure. casually optimistic about theme park business. >> groupon, one analyst slashing his down to one. >>> the worries the president and washington lawmakers will not agree on a deal to avoid the fiscal cliff. the cbo warns if an agreement is not struck by the end. year, the u.s. economy would head
mentioned. saving a lot of money. and this gets back to the prostate. we now have a new technology that we refer to as the 4-k score. it involves four markers in an algorithm and you wind up with a number. this test can be done with a simple drop of blood and the number that you get is an indicator of whether a man has prostate cancer and whether it's of the aggressive type or slow-growing variety. >> we already have one. we have psa -- >> but the psa is highly inaccurate. and the point is this would be done for men who have an elevated psa and that occurs in 5% of the men. now, there are 30 million psas done in a year so roughly between 1 and 1 1/2 million biopsies. 70% has been shown to be negative. there's a lot of effort and pain going into these needless biopsies, not to mention costs. with a million of those, you end up with a $5 billion cost. -- $5,000 cost. with a million of those, you wind up with a $5 billion cost. we think we can eliminate half of those if you do the 4-k score on only the men who have an elevated psa. not only do you save the $2.5 million on the actual cost, but
rushed, particularly technology companies rushed to europe. you'll see in q-1 companies saying, look, we have maintained our european. don't worry about european. if they don't say it, i think we'll sell the stocks. >> worse before it gets better was on the conference call. >> industrial production misses this ridiculous fight between the eu and imf. bank of england cutting growth outlook for the u.k. >> gdp tomorrow. it will be terrible. alco alcoa being struck because they try to close a plant. the conversation will be at the beginning of the conference call and europe -- we're managing europe down to x. european we're going to close europe. ford motor gave you an example of what will happen. we won't let europe bring our company down. latin american, asia turn turne. we won't let europe ruin us. europe will be isolated. that's what happens if you decide to go off the grid like they're doing. their major issue is carbon tax. they keep talking about carbon tax. the european, the german power company talking about having too much solar power which is bringing down and able to make money
the world. drove our chip set business because now everybody wants the latest and greatest technology, which is 3g and 4g multimode chips. and we sold of our newest chip, the snap dragon, we sold triple the number in the last quarter than we had in the previous quarter. and as we look forward, we're talking about increasing those numbers another 32 million chip sets in the quarter. so up to 173 million chip sets at the midpoint in the quarter that we're in right now. so smart phones are really driving the business very strongly. liz: i like what you just said, smart phones driving the numbers. so then my question becomes of course we have seen how the pc numbers of adoption have come down, they definitely slowed. if there's a choice, if people only have a certain amount of money and they are going to choose to buy a smart phone or a tablet, what are they choosing? >> there's no question that smart phones outsell the tablet. we're excited about the tablet business. it's continuing to grow. we have seen some excellent success with apple and the ipad. now you are starting to see other players c
rates and rigs. this technology is being deployed in such a wide area and so rapidly and with constantly changing technology that the issue for natural gas at this moment in terms of price isn't the depletion rate. it's the huge backlog of wells that have been drilled that haven't been connected to transportation networks to move it from the well head to the markets. so you have a lot of gas sitting there just waiting for the tap to be turned on and that will continue to happen because this is something that is changing the u.s. energy market and is something that at these prices is still profitable for the companies. >> before we let you go, what do you think they are saying in the halls of opec today about this report? >> i don't think halls of opec are that worried. china and the emerging market demand is not going to go away. it may not accelerate as quickly as some people had predicted. certainly the destination for oil from the middle east increasingly is going to be asia. it already has been. we are already looking at perhaps in the next five years according to this report today n
are really waiting to see how consumers and enterprises adopt this technology. i think it's great. i'm not the only consumer out there. i learned early on in the career, don't design products just for myself and waiting to see how consumers adopt these things. i think microsoft did a great jb on it. and now we need a lot more apps and more devices to ship. >> you got your finger on the pulse of so many different products, paul. you must have a guess how it's received. there must be a reason why you say cautiously optistic and how consumers receive the product. >> it's just, you know, you never know. a new product comes out. if everybody knew how consumers would react to things every hollywood movie would be a blockbuster. >> true. >> i look at it and say we'll build the enabling technology and be here and make sure that we make the investments in r&d so that we can build the next generations of products to be better an better and hopefully that wave comes in. you think about the smartphone wave to hit, we kept ourselves prepared. we built the products the right way. and when it hit,
of infringing on its technology. and citigroup will pay 15.5 million each to former ceo vehicle recomme vikram pandit reflectinging t t progress the coma. >> some of it was money that it already -- i thought the number was 6.6 smld what they actually gave him as an incentive fee. >> for leaving? >> well, that's the irony of it. >> going quietly maybe. >> he didn't go that quietly actually. he said it was his choice. he blamed everybody else. >> that's all boiler plate, isn't it? >> i guess so. >> so the jacket was deliberate. >> honestly i said to myself i don't have a pin today and maybe i will just not wear the jacket as a wave rising above. >> interesting. >> mac even came over to hand me the jacket. >> i saw. >> deliberate. >> goldman sachs is in settlement talks over an $8.3 billion position that one of the traders had concealed five years ago. a settlement is expected in coming weeks. and i probably -- do i look different today? no? not really? >> did you get a haircut? >> no. i got power. last night. >> you got power. >> last night. >> like 11:00 last night? >> 11:00. >> so almost two f
an impact from weakness particularly in europe on our technology business but we're seeing strong revenue growth and improving earnings in our services businesses. mixed bag. >> you've been talking about your services led business, part of the transformation of the company. at this point how much does that make up of the company in. >> a little bit more than half of our revenues. if you look forward to 2017 it will probably be two-thirds of our revenues not only driven by the fact we are growing that portion of the business but because the market's transitioning, customers are transitioning. they want more than a point solution. they want us to help them change the way they get business done so it's an exciting and growing portion of our portfolio. >> how does that change who your competitors are? >> it's a great question actually. our traditional competitors in the hardware business is hp and rico and cannon. now we have a large number of smaller less capitalized competitors mixed in with a few large competitors. we have transportation competitors, customer care competitors, we have heal
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, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. and you pick the price that works for you. great. whoa, whoa, jamie. watch where you point that thing. [ mocking ] "watch where you point that thing." you point yours, i point mine. okay, l-let's stay calm. [ all shouting ] put it down! be cool! everybody, just be cool! does it price better on the side? no, it just looks cooler. the name your price tool, only from progressive. call or click today. i got you covered. thank you. oh, you're so welcome. >>> new york stock exchange suffered a trading glitch. an outage shortly after they opened monday on its matching engine. trading halted for more than 200 stocks. once they determined their official closing price based
in research and technology and clean energy, which will attract new companies and high wage jobs to america. we plan to put folks back to work including our veterans. rebuilding our roads and bridges and infrastructure. they plan to reduce our deficit for a balanced and responsible way. our work is made that much more urgent because at the end of this year we face a series of deadlines requiring us to make major decisions about how to pay our deficit down. decisions that will have a huge impact on the economy and middle-class both now and in the future. last year i worked with democrats and republicans to cut a trillion dollars worth of spending that we just couldn't afford. i intend to work with both parties to do more. that includes to make reform that will bring down the cost of healthealth care so we can stren programs like medicaid and medicare for the long haul. but as i have said before, we can't just cut our way to prosperity. we are serious about reducing the deficit. we have to combine spending cuts with revenue. that means asking the wealthiest americans to pay a little more in t
Search Results 0 to 14 of about 15